Transmitting a bill authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed for nominal consideration conveying fee simple title to certain tracts of City-owned land located at 837-839 Montrose Street, with the buildings and improvements thereon, for further conveyance at fair market value.

AI summary

This communication transmitted a proposed bill concerning City-owned land at 837-839 Montrose Street, including the buildings and other improvements. The proposal would allow the Commissioner of Public Property to transfer the property to the Philadelphia Authority for Industrial Development for a nominal amount, so it could later be conveyed at fair market value; the item was placed on file.